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Sime Darby Property Wins Environmental Award for Elmina Rainforest Knowledge Centre

"Sime Darby Property wins Fiabci Malaysia award for Elmina Rainforest Knowledge Centre, showcasing environmental leadership in property development." KUALA LUMPUR, 14th Mar 2024 - Sime Darby Property Bhd maintains its environmental leadership by winning the Fiabci Malaysia Property Award 2023 in the Environmental Category for its Elmina Rainforest Knowledge Centre (ERKC) in City of Elmina, Shah...

Bank Pembangunan Commits RM253.5 mil for Cyberjaya Data Center Construction

"Bank Pembangunan funds Cyberjaya data center construction, driving digital innovation and sustainability. CEO envisions resilient infrastructure and workforce growth." KUALA LUMPUR, 7th Mar 2024 - On Wednesday, Bank Pembangunan Malaysia Bhd announced its commitment to provide RM253.5 million in financing for the construction of a data center in Cyberjaya, Selangor. The tawarruq asset financing...

Budget 2024 Initiatives: Government Guarantees Propel MSMEs and Homebuyers without Fixed Income in Malaysia

"Discover Malaysia's Budget 2024 initiatives, supporting MSMEs and homebuyers without fixed income. Government guarantees unlock opportunities." KUALA LUMPUR, 5th Feb 2024 - Syarikat Jaminan Pembiayaan Perniagaan Bhd (SJPP) and Syarikat Jaminan Kredit Perumahan Bhd (SJKP) have commenced receiving applications from financial institutions participating in the government guarantee schemes outlined in...

Land Empowerment: Bumiputera Ownership Safeguarded with New Land Corporation

"Government unveils Bumiputera Land Corporation to protect land ownership, empower the community. Proposed policy: 20% land return during lease renewal. Details disclosed at Bumiputera Economic Congress 2024." KUALA LUMPUR, 29th Feb 2024 - Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi announced on Thursday the government's intention to establish the Bumiputera Land Corporation (Perbadanan...

MBSB Reports 50% Surge in 4QFY2024 Net Profit

"MBSB reports 50% 4QFY2024 net profit rise to RM301.15 million, driven by MIDF acquisition. Strategic focus on Casa, growth, and optimization." KUALA LUMPUR, 28th Feb 2024 - Malaysia Building Society Bhd (MBSB) reported a 50% increase in net profit for the fourth quarter, reaching RM301.15 million compared to RM200.73 million in the previous year. This significant surge was attributed to a one-off gain...

BLand’s Financial Rollercoaster: From Robust Start to Setback with RM76.48M Loss

"Berjaya Land (BLand) faces setbacks with a RM76.48M loss in Q2 2024 after an impressive start. Explore the challenges, causes, and their cautious optimism for future growth." KUALA LUMPUR, 27th Feb 2024 - After a strong first financial quarter, Berjaya Land Bhd (BLand) experienced a setback, reporting a net loss of RM76.48 million for the second financial quarter ending Dec 31, 2024 (2QFY2024). This...

Incentives Revealed for Companies in Malaysia’s TRX Financial Hub

"Explore TRX, Malaysia's Financial Centre. PM Anwar reveals incentives for companies relocating—tax exemptions, stamp duty waivers. Uncover TRX's significance, government initiatives, and investment partners driving economic growth in Kuala Lumpur." KUALA LUMPUR, 23th Feb 2024 - Prime Minister Datuk Seri Anwar Ibrahim revealed on Friday that companies moving their operations to the Tun Razak Exchange...

Asia Pacific Witnesses Rebound in Commercial Real Estate Investment

"AsiaPac CRE: 3% YoY Surge to US$31.6B, China Leads, Singapore Stands Out, JLL Optimistic for 2024." KUALA LUMPUR, 20th Feb 2024 - The Asia Pacific region experienced a notable uptick in commercial real estate investment during the fourth quarter of 2023, marking a 3% year-on-year increase to reach US$31.6 billion (RM151.1 billion). This positive shift comes after seven consecutive quarters of...

Kuala Lumpur: Named Top 10 Global Travel Hotspot for 2024 by Tripadvisor

"Explore the property sector's potential surge with the Kuala Lumpur-Singapore HSR project, offering growth opportunities in Johor for developers like UEM Sunrise, Sunway, and Eco World." KUALA LUMPUR, 5th Feb 2024 - The global interest in major cities across Asia is expected to rise in the current year, and Kuala Lumpur has successfully earned its position among the top 10 trending global travel...

KL-Singapore High-Speed Rail Project

KL-Singapore High-Speed Rail Project Ignites Optimism for Johor Property Sector Growth

"Explore the property sector's potential surge with the Kuala Lumpur-Singapore HSR project, offering growth opportunities in Johor for developers like UEM Sunrise, Sunway, and Eco World." KUALA LUMPUR, 29th Jan 2024 - The anticipated Kuala Lumpur-Singapore High-Speed Rail (HSR) project is poised to significantly impact the property sector, particularly in Iskandar Malaysia, Johor, and the Kuala Lumpur...

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